Making Home Affordable Program (HAMP) Slowdown
The number of borrowers helped by the Obama administration’s MAKING HOME AFFORDABLE (HAMP)foreclosure prevention program continued to dwindle in October, data released by the Treasury Department on Thursday showed. In October, 2010: 16,634 borrowers obtained a permanent loan modification, down from 17,771 in September. The number of homeowners dropping out of the HAMP program continue [...]


